Technology

Axa Wealth has added its first external third-party tax wrappers to its Elevate platform by linking up with Isle of Man Assurance (IOMA).

Nucleus has appointed a wrap operations director and technical operations manager as part of an ongoing recruitment drive.

The Cautious Managed sector maintained pole position on Cofunds in July as advisers continue to focus on multi-manager funds.

The FSA has been incredibly prolific and industrious recently with their thematic reviews and projects examining areas such as pension switching, structured products and platforms.

Nucleus CEO David Ferguson believes the IFA-owned platform is beginning to achieve major traction in the UK market, with the wrap taking in about 35% of the inflows achieved by giant Skandia in the first half.

Novia has launched a reporting and management information system to help advisers with the transition from a commission to fee-based system.

Technology solutions provider 1st Exchange has announced Sally Davies as its new head of marketing.

Charlie Eppinger, interim CEO of Cofunds, says ‘it is business as usual' at the platform and its development strategy is on course despite the departure of Brett Williams last month.

Ed Dymott, head of UK fund partners for Fidelity, on the influx of new names entering the UK market, and the challenges facing platforms

Ascentric has united with adviser support services group True Potential.